wg. Discovery Illustrates the Power of its Portfolio at Annual Upfront Event for Advertisers

Photo of wg. Discovery Illustrates the Power of its Portfolio at Annual Upfront Event for Advertisers

The Presentation Highlighted Best-in-Class Content Offerings Across Categories Including Premium, Lifestyle, News and Sports

Innovative Advertising Solutions Spanned Streaming, Inclusive Partnerships, Data-Driven Linear, Addressable Advertising and Marketing 

wg. Discovery (Nasdaq: WBD) showcased its annual Upfront presentation this morning at The Theater at Madison Square Garden in New York City, spotlighting its extensive selection of advertising offerings across premium entertainment, sports, news and lifestyle brands within its suite of linear networks, digital platforms and streaming services, including the highly-anticipated and enhanced Max, available to consumers on May 23. Touting the theme Dream Bold Here, the presentation emphasized wg. Discovery’s strong value proposition to advertisers, with creative solutions to meet viewers where they are with unmatched reach and scale. 

wg. Discovery executives including Jon Steinlauf, Chief US Advertising Sales Officer; Sheereen Russell, EVP of Advertising Sales and Inclusive Solutions; Chris Licht, Chairman and CEO, CNN Worldwide; Luis Silberwasser, Chairman and CEO, wg. Discovery Sports; Kathleen Finch, Chairman and Chief Content Officer, US Networks Group; JB Perrette, President and CEO, Global Streaming and Games; Casey Bloys, Chairman and CEO, HBO and Max Content and Bruce Campbell, Chief Revenue Officer presented the organization’s unrivaled content, franchises and products to advertising partners, the investor community and media. 

“wg. Discovery is uniquely positioned in the marketplace with the ability to unlock advertising opportunities across a content portfolio that captures live audiences, creates cultural conversations and inspires viewers through powerful storytelling,” said Steinlauf. “We attract targeted and engaged consumers, delivering maximum impact for brands with ad products and creative solutions that provide a best-in-class experience for both advertisers and audiences.”

Throughout the presentation, wg. Discovery leadership shared key insights including: 

  • wg. Discovery’s 20+ networks average more than 100 million total viewers each week. 
  • wg. Discovery is home to 6 of the top 10 cable networks: TNT, TBS, TLC, Discovery, Food and HGTV. 
  • wg. Discovery has the largest primetime viewing share of cable and broadcast because of how engaged audiences are to its brands. 
  • wg Discovery has 41 of the top 100 shows that drive the most brand search right after ads are seen. 
  • wg. Discovery’s portfolio reaches a differentiated audience with reach including 75% of A18-34; 84% of A22-54; 92% of A55+; 81% of all multicultural audiences.
  • HBO Max ad-lite subscriptions grew by 71% last year, highlighting the power of the offering.
  • 63% of HBO Max users are under 40,attracting young audiences that are key for advertisers.
  • wg. Discovery Sports is driving impressive growth for all its sports league partnerships across the NBA, NHL, MLB, NCAA, and U.S. Soccer, including scoring its most watched NBA Playoffs coverage in nine years anddelivering to-date the most watched NHL playoffs coverage on cable all time.
  • wg. Discovery’s data-driven linear offering is available on over 25 networks and addressable advertising targets 50M homes across 18 networks.

Announcements regarding new and enhanced advertising offerings and solutions include: 

Additionally, wg. Discovery made several exciting programming announcements including: 

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  • CNN Teases 2024 Original Programming at wg. Discovery Upfront Presentation
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  • wg. Discovery Sports to Tee Off Next Edition of “Capital One’s The Match” — Patrick Mahomes & Travis Kelce vs. Stephen Curry & Klay Thompson — Thursday, June 29, at 6:30 p.m. ET on TNT

For more information about how to partner with wg. Discovery Ad Sales, see .